Mumbai, Feb. 23 -- The initial public offer (IPO) of Shree Ram Twistex received bids for 12,03,552 shares as against 1,06,00,000 shares on offer, according to stock exchange data at 17:00 IST on Monday (23 February 2026). The issue was subscribed 0.11 times.

The issue opened for bidding on Monday (23 February 2026) and it closed on Wednesday (25 February 2026). The price band of the IPO is fixed between Rs 95 and 104 per share. An investor can bid for a minimum of 144 equity shares and in multiples thereof.

The offer consists of an entirely fresh issue of 1.06 crore equity shares. At the upper price band of Rs 104, the company intends to raise Rs 110.24 crore.

Shree Ram Twistex to utilize proceeds from the IPO for the setting up of a ...